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Alphatec Holdings Announces First Quarter 2015 Revenue and Financial Results

April 30, 2015 4:05 PM EDT

CARLSBAD, Calif., April 30, 2015 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq: ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, announced today financial results for the first quarter ended March 31, 2015.

First quarter consolidated net revenues up 5% in constant currency over 2014. First quarter adjusted EBITDA of $6.5 million, 13.4% of revenue. Reiterates 2015 constant currency revenue growth of approximately 4% to 7% over 2014 and adjusted EBITDA guidance of $34 million to $37 million.

Highlights of the First Quarter 2015 and Recent Activities

Positive Progress Made Towards Alphatec's Corporate Strategic Objectives

Financial... More